Question
Unit 4 Discussion topic 1 - Subject Compensation Job Evaluation and Internal Pay Structures There are several different methods for job evaluation. Provide examples of
Unit 4 Discussion topic 1 - Subject Compensation
Job Evaluation and Internal Pay Structures
There are several different methods for job evaluation. Provide examples of pros and cons for an organization to use more than one type of job evaluation plan.
Use your favorite search engine and search for the following search terms: Choosing, pay structure, works, practice, American, academy, family, physicians. A family practice is probably a lot smaller than most of the organizations discussed in this class, but small businesses have many of the same compensation issues that you have become familiar with.
Unit 4 Discussion Topic 2 - Subject Compensation
Job Evaluation and Internal Pay Structures
Compare and contrast job-based, skill-based and competency-based pay structures. Do you feel that one approach is better than the others? Does it depend on the organization? Give some examples. Please relate anything useful from your Web field trip as it relates to this issue.
Give an example of how the choice of an internal pay structure might not align with an organization's business strategy.
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